Leaders And Management Concept

Introduction

Managers and leaders are an essential part of an organisation. Managers of a firm are responsible for managing operations and functions of a firm. Leaders help a business organisation in motivating and influencing employees in achieving their maximum potential. Leaders play a crucial role in driving a company towards success. Various management and leadership models and strategies are developed and implemented by thesse units which helps organisation in evaluation of its weaknesses and strengths. Such evaluations help firm in developing strategies that help m to increase profitability. assignment below is based on IKEA, a multinational retail organisation headquartered in Leiden, Netherlands. This firm deals in kitchen appliances, ready-to-assemble furniture and home accessories and serves areas worldwide. assignment involves roles of managers and leaders in an organisation, roles of management and leadership in application to different organisational situations. It also includes application of various theories in supporting growth and sustainable performance in an organisation.

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P1. Difference between roles and characteristics of a leader and a manager

IKEA is world's largest furniture retail company founded in 1943. It focuses on conducting its operations in eco-friendly ways and adopts a modernistic approach in designing different types of furnitures and appliances. The company previously adopted hierarchical organisational structure. Due to rigidity in operations, and ineffective communication system, firm decided to restructure their organisation in which managers and leaders played a crucial role. Managers in IKEA are ones who plans, directs and controls functions and operations of a company. Whereas IKEA leaders are people who crafts an inspiring vision for an organisation, influence and motivates members of firm in achieving that vision and builds teams that can effectively achieve objectives of a company. There are notable differences between roles of leaders and managers which are as follows:

BASIS	LEADER	MANAGER
NATURE	Nature of a leader is innovative. They emphasize on developing different and innovative methods to motivate employees in an org

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